QCLSQ/C Technologies, Inc.

Is Q/C Technologies struggling financially?

Yes, by its own account. Q/C Technologies told the SEC on 15 Apr 2026, in Form 10-K, that there is substantial doubt about its ability to continue as a going concern.

Going concern disclosed Apr 2026

15/100

Critical

Sector
Biotech/Pharma
Market cap
$21.1M
Source filing
10-K 15 Apr 2026
Balance sheet
30 Jun 2026

Cash runway

  • 0months

    If the burn speeds up

    Empty by Jun 2026

  • 1month

    If it eases off

    Empty by Jul 2026

Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.

Out of cashTwo years or more

The runway math

Cash and short-term investments

$308K

÷

Cash burned over the last 12 months

$10.8M

What Q/C Technologies told the SEC

…form of assurance about whether such adjustments are appropriate and have been properly applied. Those adjustments were audited by Grassi & Co.,CPAs, P.C. Substantial Doubt About the Company’s Ability to Continue as a Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 3 to the consolidated financial…

Q/C Technologies, Inc., Form 10-K, filed 15 Apr 2026.

Read the filing on SEC.gov

What this means

  • Not a bankruptcy filing, and not a prediction.
  • It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
  • The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.

Other Biotech/Pharma companies that filed the doubt